Share this postEmerging Market SkepticEmerging Market Links + The Week Ahead (January 6, 2025)Copy linkFacebookEmailNotesMoreEmerging Market Links + The Week Ahead (January 6, 2025)Foreign phone sales plunge 47% in China, Tencent + CATL on the USA govt's naughty list, WAPO fake news, South Korean investors pile into US stocks, EM stock picks & the week ahead for emerging marketsJan 07, 20251Share this postEmerging Market SkepticEmerging Market Links + The Week Ahead (January 6, 2025)Copy linkFacebookEmailNotesMore2Share

This morning, alternative financial news site Zerohedge ran this headline and did not mince words on the platform formerly known as Twitter: Dollar Reverses Losses After Trump Blasts WaPo's "Fake News" Tariff Report

Investors better prepare themselves for four years of “anonymous sources” from the legacy corporate media moving the dollar (and other markets) for either market manipulation OR policy “trial balloon” purposes…

Meanwhile, CNBC has reported that foreign phone sales have plunged 47% in China and I am not surprised. As discussed in our December 2 post, I recently had to replace my Redmi Note 9 phone (Xiaomi (HKG: 1810 / FRA: 3CP / OTCMKTS: XIACF)) bought in 2020 for a Redmi 13 108MP super clear camera smartphone. Xiaomi’s Redmi series of phones have better features than comparatively priced Samsung phones in Malaysia. In fact, I only did a cursory online search of comparable Samsung options after going to the same shop where I had bought my Redmi Note 9 and an Asus phone (ASUSTEK Computer Inc (TPE: 2357 / OTCMKTS: ASUUY)) before (Taiwan based Asus seems to have stopped selling phones in the Malaysian market with the small shop I have been buying phones from switching their focus to Xiaomi products…).

Finally, I am still visiting family in California where the weather has been fairly dry to get yard work done outside - hence why posts are latter than normal…